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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Colombian Peso/Argentine Peso (FOREX:COPARS)

Countertrend Up (+85) - COPARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid COPARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for COPARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_COPARS
Open High Low COPARS Price Change
0.02631394 0.02633201 0.02625518 0.02628795 -0.00002600
Entry Signal

MarketClub’s Trade Triangles for COPARS

long term up The long-term trend has been UP since Oct 4th, 2021 at 0.02608296

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 0.02528234

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.02624479

Smart Scan Analysis for COPARS

Based on our trend formula, COPARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for COPARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02631394 0.02633201 0.02625518 0.02628795 -0.00002600
Prev. Close Volume Bid Ask Time
0.02631394 2021-10-20 07:03:55
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